December 4, 2006

The Second Life Buzz [7:30 pm]

I get to meet someone from Second Life soon — should be a great time: Music biz seeks Second Life via virtual real estate - pdf

Put it all together and Second Life holds great potential to become the next evolution of the social networking/user-generated content. Brands like Adidas, American Apparel, Dell Computer, Toyota and others already have established a presence within the virtual world, and the music industry is close behind — creating branded destinations, live concerts, merchandise stores and even recording facilities.

“Second Life’s combination of social networking, strong sense of community and creativity makes it a very appealing destination,” an EMI spokesman says. “If we’re smart about it, we can help residents of Second Life connect with their favorite artists and discover new ones.”

Also IRS taxation of online game virtual assets inevitable

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